Cost of Fixed Assets

This query is : Resolved 

22 August 2010 I purchase a new car @ 7,80,000/- i paid 65000/- insurance & Registration.
now what is my Fixed Assets 7,80,000/- or (7,80,000/- + 65000/-)

22 August 2010 Your Fixed asset value Rs.(780000+ 65000) as per AS-10

22 August 2010 Agree Rs.845000/-

23 August 2010 Rs.845000


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